Comment Re:Load of Crap! (Score 1) 219
I'm more optimistic. We reached peak oil in the 19th century, but then we figured out we could also get oil out of the ground. I agree with your point, I just want to point out that the unforseen is...
But as far as the middle class having a lower standard of living, could you expand upon that? Are you talking about real estate or what? I ask because I am a relatively poor person, but I think my standard of living is higher than my parents (at my age) simply because of technological innovation. If you want a McManshion and fancy cars, my standard of living doesn't look so hot; if you measure my standard of living based on what I care about, I'm doing great.